North Atlantic Smaller Cos (LON:NAS) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

North Atlantic Smaller Cos (LON:NAS) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,957.04 ($49.61) and traded as low as GBX 3,640 ($45.63). North Atlantic Smaller Cos shares last traded at GBX 3,770 ($47.26), with a volume of 2,321 shares changing hands.

North Atlantic Smaller Cos Trading Up 4.7 %

The stock has a 50-day moving average price of GBX 3,816.37 and a two-hundred day moving average price of GBX 3,957.04. The stock has a market cap of £500.66 million, a price-to-earnings ratio of 23,562.50 and a beta of 0.77.

Insider Buying and Selling at North Atlantic Smaller Cos

In related news, insider Peregrine D. E. M. Moncreiffe bought 400 shares of the company’s stock in a transaction on Thursday, October 24th. The shares were bought at an average price of GBX 3,842 ($48.16) per share, with a total value of £15,368 ($19,265.39). 40.37% of the stock is currently owned by company insiders.

North Atlantic Smaller Cos Company Profile

NASCIT is a special situations investment trust dedicated to a long-term capital appreciation objective, to achieve positive absolute returns for shareholders with low correlation to the overall market.

North Atlantic Smaller Companies Investment Trust PLC (‘NASCIT’) targets capital appreciation for its shareholders through investing primarily in smaller cap public and unquoted companies.